News

BAEP's Concentrated Fund added to two platforms

28 November 2016

The Bennelong Concentrated Australian Equities Fund (the Concentrated Fund) has been added to both the Macquarie Wrap and BT Wrap platforms.

The Concentrated Fund is managed by Bennelong Australian Equity Partners (BAEP). As announced last month, the Concentrated Fund was awarded the AFMA Golden Bull Award for 2016, an award the Fund also won in 2015. The AFMA Golden Bull Award is decided by a panel of peers and is awarded to the best managed fund among all equities strategies. From its inception in January 2009 through to 31 October 2016, the Fund has achieved an average annual return of 17.49%. This compares to the benchmark’s return of 10.18%.

The Concentrated Fund aims to provide investors with a high conviction portfolio of Australian-listed shares. Unlike many all-cap funds, it is willing to diverge significantly from the index’s composition, preferring instead to focus on the best risk-return opportunities in the market, regardless of the stock’s size. The BAEP team is very selective in picking stocks that it believes will outperform the market and will help make up a portfolio that aims to provide attractive absolute returns over the medium to long term.

According to Jonas Daly, Head of Wholesale Sales at Bennelong, active managers with proven outperformance display a typically sound investment process regardless of the economic landscape.

“The high demand for BAEP’s Concentrated Fund reflects a proven and disciplined investment approach and represents a genuine value-add investment option that has consistently achieved investment outperformance,” said Jonas. BAEP seeks to invest in high quality and strongly growing companies whose growth prospects are underappreciated by the market.

BAEP also won ‘Fund Manager of the Year’ at the Professional Planner/Zenith Fund Awards last month. The Concentrated Fund is rated ‘Highly Recommended’ by Zenith.